Production declines should be apparent in this next qtr. That should boost stocks. Perhaps we will see some interest on April Fools Day !!!!
I have been very disappointed in Lawler's reaction to the fall. IMO, he could do more from a PR standpoint.
We were not up by much on the production report, despite good weather last week. Maybe the first decline in production this week? Keep those rigs coming down.
When investors buy on Bad news that is a good sign. Big boys see something, like that article today that questioned EIA forecasts.
They can add that to the interest costs !!!!!!!
They claim we are doing worse than peers but refused to compare us to peers. You could paint many oil companies ten times worse than CHK but yet they focus on us , over, and over.
SEC too busy looking for the weak that can be prosecuted while taking a blind eye to the billion that slip thru daily.
Maybe if you were in my house telling me this daily I would be stronger. My portfolio has been very damaged. It is very hard to remain strong, but will try to take your advice.
They need to take their skills Internationally. To fairly stable areas, dictators need not apply.
The Utica is a strong Nat Gas production area. We some good cut backs in Utica and Marcellus. Interesting those numbers differ from EIA. EIA has 30 rigs in the UTICA, down 9 from last year. The Marcellus has 70 rigs down 6 from last year. Both need to continue downward until we have a shortage. The shorts are so entrenched, only a shortage will shake them off.
After reading these reports, it is apparent that most B/E points for shale wells are outdated.